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6.5 Morning Gold Analysis
The gold price opened at 4474 in the morning session, surged to 4481 but faced resistance and pulled back, falling to a low of 4459 during the session. Currently, it is consolidating slightly around 4463, with the bullish momentum weakening, and short-term bears gaining the upper hand.
The short-term moving averages are turning downward, putting pressure on the gold price, and the market is experiencing a volume-contracted oscillation, brewing a potential breakout; intra-day resistance levels are at 4469-4474, with support at 4455-4459.
Operation: Short on rebounds around 4475-4485 in batches, initially targeting 4450, then 4420, and if broken, extending to below 4400. #黄金